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The market crashed due to new U.S. tariffs announced by President Trump, triggering fears of a global trade war. Countries like China retaliated, worsening tensions. Investors panicked, fearing an economic slowdown, which led to sharp declines in major indices and erased billions in market value.
Hedge fund Elliott has taken an undisclosed stake in BP suggesting that strategic change looms for the UK oil major. Shares in BP BP. jumped 6.49% to 462p on the news that activist hedge fund Elliott Management had acquired a stake in the oil major.
+4.62% closed: 2024-12-13
Reasons are not apparent
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+6.7% closed: 2025-02-12Hedge fund Elliott has taken an undisclosed stake in BP suggesting that strategic change looms for the UK oil major. Shares in BP BP. jumped 6.49% to 462p on the news that activist hedge fund Elliott Management had acquired a stake in the oil major.
+4.62% closed: 2024-12-13
Reasons are not apparent
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